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Intel reports record Q2

Q2 earnings break records

| CPUs, Chipsets & SoCs News | Posted: Jul 14, 2010 6:02 pm

Intel has unveiled its figures for Q2 2010 and the numbers are the best in the history of the company. The economy has certainly turned around for Intel and its CEO Paul Otellini cites strong corporate customer demand as a main reason for the record-breaking quarter.

 

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Intel reports $10.8B in profits for Q2 1010, up $466 million from Q1 2010 and $2.7 billion compared to Q2 2010. Operating income for Q2 2010 was $4B and net income was $2.9B.

 

Earnings per share for Intel were 51 cents each. One reason the numbers are so high compared to Q2 2009 was the fine of $1.45 billion levied against Intel in Europe.

 

NEWS SOURCES:Intc.com

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